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Nearly 140 graves, a skeleton with a spear point embedded in it, jewellery and weapons are among the finds.

How did we get here? What's likely to happen next? And what does it all mean for energy users?

The post Why Australia’s National Electricity Market was suspended – and what happens next appeared first on RenewEconomy.

This is a role within a new team at bp that provides detailed commercial and power market analysis to support our low carbon energy businesses, optimize our revenue streams and support the development of the low carbon pipeline.

This role will lead the growth of the NBS opportunities in the APAC region, by focusing on business development, serve as a capture lead or proposal developer for projects in the NBS sector, across private sector, not for profit and government sectors.

Saudi Aramco will invest in new renewables projects and blue ammonia production in an effort to slash its GHG output and achieve net zero emissions by 2050.

EU ETS-covered firms in the Netherlands may face greater carbon costs in the coming years as the Dutch government has announced a steeper cut to exemption rights for the policy.

California lawmakers on Tuesday released the updated text of a cap-and-trade market reform bill that would address allowance overallocation and supply vis-a-vis offset usage, while also requiring the publication of banking metrics after a similar bill failed this spring.

The Virginia State Corporation Commission (SCC) on Wednesday approved utility Dominion Energy’s request to suspend its existing rate case so as to recover RGGI allowance costs, ahead of Governor Glenn Youngkin’s (R) widely anticipated plans to severe the state’s RGGI linkage. 

Massachusetts’ power sector Global Warming Solutions Act (GWSA) cap-and-trade system saw its current vintage allowance auction clear over $9 above the previous sale, while the programme’s first ever sale for future permits settled at less than half that price, according to results published Wednesday.

Japanese shipping company Mitsui OSK Lines (MOL) has completed a “carbon offset voyage” for the transportation of cars from Japan to the UK, the company said in a statement on Wednesday.

Vast Solar and thermal storage hopeful 1414 Degrees to join forces to try and finally deliver long awaited solar thermal project near Port Augusta.

The post Vast Solar and 1414 team up for new attempt at Port Augusta solar storage hub appeared first on RenewEconomy.

EPA administrator Michael Regan announces ‘aggressive action’ but new PFAS limits are advisory and critics call them ‘baby steps’

The US Environmental Protection Agency on Wednesday announced new advisory limits for four kinds of PFAS “forever chemicals”, warning that the compounds, which most Americans are exposed to daily, are far more toxic than previously thought.

The dangerous chemicals are estimated to be contaminating drinking water for more than 200 million people, and the new limits could have significant financial consequences for PFAS polluters, including the US military and producers like 3M, DuPont and Chemours.

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With the greyhound racing season upon us, let’s take a closer look at how governments support the industry. Alexandra McEwan, Lecturer: Law, CQUniversity Australia Jayanath Ananda, Senior Lecturer in Economics Licensed as Creative Commons – attribution, no derivatives.

Nova Scotia’s fifth cap-and-trade auction cleared almost 75% above the 2022 auction reserve price at a record high settlement, rebounding significantly from November’s undersubscribed sale, according to results published Wednesday.

New York state's power generators are joining labour unions and environmental groups in calling for a CO2 charge in the electricity market ahead of the final Scoping Plan publication, a coalition said in public comments released Wednesday.

The UN-backed Race to Zero campaign updated its criteria on Wednesday to ensure credible net zero targets from corporates and financial organisations, aiming to overcome greenwashing concerns while specifying requirements for carbon credit use and other elements.

‘Net zero’ global alliance of financial institutions, begun at Cop26, can still invest in coal and other fossil fuels

Banks that have signed up to a global climate pledge, led by Mark Carney, a former governor of the Bank of England, can still invest unlimited amounts in coal mining and coal power, despite promises to tighten the rules on their lending.

Green campaigners have slammed the loopholes, uncovered by the Guardian, as “greenwashing”, after updated criteria for banks involved in the Glasgow Financial Alliance for Net Zero (GFANZ) were unveiled on Wednesday.

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EU carbon posted a second day of gains as traders took heart from reports that lawmakers had reached a provisional Parliamentary deal on ETS reforms, while energy markets continued to forge ahead amid further cuts in natural gas supplies.

A European oil major and has teamed up with a forestry management firm in Gabon to develop a sustainable forest management model that aims to generate carbon credits from reduced deforestation, conservation, and afforestation, according to a media release on Wednesday.

A forestry project in Canada has been awarded only a low chance of achieving 1 tonne of CO2 avoidance or removal by a carbon credit ratings agency in its latest update.